Fidelity Nasdaq Composite Index Fund

Fidelity Concord Street Trust · Series S000055366 · 1 share classes

Equity fund · 100% stocks
One fund, 1 share classes:FNCMX
$22.60B NAV
2,944 positions · as of 2026-02-28 · filed 2026-04-24
data updated 2026-08-17

Fund profile

As filed in the prospectus · 2026 Q1

Fidelity Nasdaq Composite Index Fund seeks to provide investment returns that closely correspond to the price and yield performance of the Nasdaq Composite Index .

Strategy · summarised

The fund uses statistical sampling techniques to build a portfolio that mirrors the Nasdaq Composite Index, a market-capitalization-weighted benchmark of approximately 3,000 stocks, by matching factors such as industry exposure, valuation ratios, and dividend yield. Because the fund samples rather than holds all index constituents, its returns may diverge from the index.

Expenses
0.29%one share class
Share classExpense ratioAs of
FNCMX0.29%2025 Q1

Portfolio turnover 4.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

102.71%
of net assets
Stocks99.78%
Cash & short-term2.91%
Bonds0.02%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q1 vs 2025Q4: 184 new143 exited

Largest new: WMT, MDLN, LLYVA, UST BILLS, EQPT, VSNT, EMAT, QS

Largest exited: ASTRAZENECA PLC, CYBER-ARK SOFTWARE LTD (ISRAEL), FRONTIER COMMUNICATIONS PARENT INC, MERUS NV, PINNACLE FINL PARTNERS INC, CIDARA THERAPEUTICS INC, LIBERTY MEDIA CORP LIBERTY LIVE, UST BILLS

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

1-year
3-year
5-year
Volatility
Worst 3-yr fall
Cumulative return· Mar 2023 – Feb 2026

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-02-28

Avg coupon
0.00%
Avg maturity
0.21 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

0%
floating
Fixed rate100.0%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y
<1y100.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
NVIDIA CORPNVDA11.20%$2.53B
APPLE INCAAPL10.15%$2.29B
MICROSOFT CORPMSFT7.59%$1.72B
AMAZON.COM INCAMZN5.84%$1.32B
ALPHABET INCGOOGL4.72%$1.07B
ALPHABET INCGOOG4.38%$989.43M
TESLA INCTSLA3.93%$887.78M
BROADCOM INCAVGO3.92%$886.38M
META PLATFORMS INCMETA3.67%$829.12M
Fidelity Revere Street Trust2.75%$621.49M
Showing 10 of 2,944Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-02-28 — not a live quote, and not what the fund paid.

Top 10 positions are 58.15% of net assets, top 25 71.69%, across 2.9K issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

Sign in free